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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net income $ 78,950 $ 78,071 $ 157,020 $ 160,244
Other Comprehensive Income/(Loss):        
Reclassification adjustment for MBS sales included in net income (8,688) (7,863) (19,651) (14,429)
Reclassification adjustment for other-than-temporary impairments included in net income 0 (298) 0 (705)
Unrealized (loss)/gain on derivative hedging instruments, net (13,230) 26,858 (62,572) (5,509)
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing 0 0 0 4,537
Other Comprehensive Income/(Loss) 83,316 (64,248) (22,125) (59,873)
Comprehensive income before preferred stock dividends 162,266 13,823 134,895 100,371
Dividends declared on preferred stock (3,750) (3,750) (7,500) (7,500)
Comprehensive Income Available to Common Stock and Participating Securities 158,516 10,073 127,395 92,871
Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net 11,572 (25,250) 24,798 (12,365)
Non-Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net $ 93,662 $ (57,695) $ 35,300 $ (31,402)